Is your car loan "upside-down"? A car loan is "upside-down" or "underwater" when the loan balance is higher or more than the value of the car. Trading in the car for a new car will not cure the problem and the "upside-down" cycle will continue. So what can you do besides keeping the car until the loan is fully paid off? Bankruptcy can be a good way to break the cycle and end the negative equity. You may be able to keep the car AND reduce the loan balance to the value of the car through a bankruptcy case. Alternatively, if you do not want the car, you may be able to surrender the car entirely and eliminate the full balance on the car loan. The bankruptcy case will also reduce or eliminate other debts such as credit card debt, medical bills, etc. Contact our office to schedule a free consultation to find out if you qualify for bankruptcy and what the pros and cons to bankruptcy would be so you can make a good decision for yourself. Your free consultation at our office will be conducted by a bankruptcy attorney with over 15 years experience. Call us at 1-866-520-6376 or e-mail us at firstname.lastname@example.org and break the cycle. It's time to break free for your upside-down car loan.